Research shows that: in the third quarter of data release, HT is significantly underestimated

The General Research Institute released an in-depth research report "HT Third Quarter Data Release: Serious Underestimation". According to the report, based on the total amount of HT circulation at the beginning of the year, the HT deflation rate exceeded 10% in the first three quarters of 2019, achieving catch-up deflation. From the fourth quarter of 2018 to the third quarter of 2019, the total revenue of the fire money used for repurchase (destruction) HT is about $121 million, and the PE (TTM) of HT is further 11.1 times lower than that of the mainstream platform. With an average valuation of 14.8 times, HT is significantly undervalued. [Original link]